Oxbridge Re Holdings Limited (NASDAQ:OXBR – Get Free Report) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 132,745 shares, a decrease of 33.8% from the March 31st total of 200,543 shares. Approximately 2.0% of the company’s shares are short sold. Based on an average daily volume of 270,048 shares, the days-to-cover ratio is currently 0.5 days.
Oxbridge Re Stock Up 9.4%
Oxbridge Re stock traded up $0.09 during mid-day trading on Thursday, hitting $1.02. 36,603 shares of the company’s stock were exchanged, compared to its average volume of 462,545. The firm has a market capitalization of $8.26 million, a P/E ratio of -3.78 and a beta of 2.22. Oxbridge Re has a fifty-two week low of $0.66 and a fifty-two week high of $2.86. The company’s 50 day simple moving average is $0.90 and its 200-day simple moving average is $1.18.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last issued its quarterly earnings data on Saturday, February 14th. The insurance provider reported $0.02 EPS for the quarter. The business had revenue of $0.58 million for the quarter. Oxbridge Re had a negative return on equity of 34.45% and a negative net margin of 80.68%.
Institutional Trading of Oxbridge Re
Analysts Set New Price Targets
Separately, Weiss Ratings downgraded Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
Read Our Latest Stock Analysis on Oxbridge Re
About Oxbridge Re
Oxbridge Re Holdings Limited (NASDAQ: OXBR) is a reinsurance holding company that provides capital solutions and risk-sharing arrangements to insurance carriers. Its core business centers on offering treaty reinsurance and structured transactions designed to help insurers manage underwriting exposures and optimize their capital efficiency. By leveraging tailored financing structures, Oxbridge Re enables clients to transfer segments of their in-force life and health insurance portfolios, freeing up capital for growth or other strategic initiatives.
The company’s products and services include quota share reinsurance, coinsurance, and loss portfolio transfers, each crafted to address specific balance sheet and earnings targets of cedents.
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